The Temporary Wage Subsidy Scheme will be available to employers who keep employees on the payroll throughout the COVID-19 pandemic, meaning employers can retain links with employees for when business picks up after the crisis. Additionally, the operation of the scheme will reduce the burden on the Department of Employment Affairs and Social Protection (DEASP) which is dealing with the other Covid-19 related payments.
Revenue have issued guidance documents on the operation of the scheme..
Guidance on Operation of COVID-19 Temporary Wage Subsidy Scheme
COVID-19 Temporary Wage Subsidy Scheme - Guidance on Employer Eligibility and Supporting Proofs
Employers are encouraged to facilitate employees by operating the scheme, by retaining employees on their books and by making best efforts to maintain a significant, or 100% income, for the period of the scheme.
Key Features of the scheme